Quarterly Review

third quarter review

2023 Third Quarter Review: Have We Skipped A Down Cycle?

Download the pdf copy here Executive Summary The Federal Reserve’s View Macro-Economic Perspectives FOMC September 2023 Forecasts Percent 2023 2024 2025 2026 Change in Real GDP, 4th Q to 4th Q Unemployment Rate by Year End Headline PCE Inflation, 4Q to 4Q Core PCE Inflation, 4Q to 4Q 2.13.83.33.7 1.54.12.52.6 1.84.12.22.3 1.84.02.02.0 Federal Funds Rate

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2023 first quarter review

2023 First Quarter Review: The Economy Is Bending Yet Proving Resilient

Download the pdf copy here Executive Summary Macro-Economic Perspective Key Segments of the Economy Consumer spending (70% of GDP): Month over month real personal consumption expenditures declined in November and December in 2022 and February this year. But year over year comparisons each month throughout 2022 and 2023 are positive. The Institute of Supply Management

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2022 second quarter review

2022 Second Quarter Review: She loves me, she loves me not… Recession debate ad nauseum

Download the PDF copy here Executive Summary Macro-Economic Perspective Key Segments of the Economy Consumer spending (70% of GDP): In Q1 and Q2, real personal consumption expenditures (annualized) rose 4.5% and 1.8%, respectively over year ago level and 1.24% and 0.7%, respectively over the previous quarter. Strength is still present, but the trend is down.

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2022 third quarter review

2022 Third Quarter Review: The Economy and Financial Well-Being vs. the Federal reserve

Download the PDF copy here Executive Summary Macro-Economic Perspective Key Segment of the Economy Consumer spending (70% of GDP): In Q1, Q2 and Q3, real personal consumption expenditures (annualized) rose 4.5% and 1.8%, respectively over the year ago level and 1.24%, 0.7% and 0.6%, respectively over the previous quarter. The Institute of Supply Management (ISM)

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quarterly review

2022 First Quarter Review: Extraordinary Influences/Inflation Concerns

Download the PDF copy here Executive Summary Macro-Economic Perspective Key Economic Data Points Inflation: All measures of inflation have been quickening at a worrisome pace since March 2021. The Federal Reserve’s data through March shows overall inflation continuing to rise, where core inflation (which excludes more volatile food and energy readings) had a marginal decline

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